How economists invented austerity and paved the way to fascism

LSE Law School

In The Capital Order, political economist Clara E. Mattei, explores the intellectual origins of austerity to uncover its originating motives

LSE Law School and the Laboratory for Advanced Research on the Global Economy at LSE Human Rights are delighted to host a launch of...The Capital Order: How economists invented austerity and paved the way to fascism by Clara Mattei!In The Capital Order, political economist Clara E. Mattei, explores the intellectual origins of austerity to uncover its originating motives: the protection of capital—and indeed capitalism—in times of social upheaval from below. Drawing on newly uncovered archival material from Britain and Italy, much of it translated for the first time, The Capital Order offers a damning and essential new account of the rise of austerity—and of modern economics.Clara E. Mattei is Assistant Professor in the Economics Department of The New School for Social Research in New York. She holds a PhD in Economics from Sant’Anna School for Advanced Studies (Pisa, Italy) and an MA and BA in Philosophy from Pavia University. Her research contributes to the history of capitalism, exploring the critical relation between economic ideas and technocratic policy making. Her Book Capital Order will be published with Chicago University Press in November 2022.Time: 9 November 2022,17.00-18.30pm, over ZoomChair: Dr Margot Salomon, LSE Law School Speaker: Dr Clara Mattei, Economics Department, The New School for Social ResearchDiscussants: Professor Robert Wade, Department of International Development, LSEProfessor Ha-Joon Chang, Economics Department, SOASDr Paul O’Connell, School of Law, SOAS Buy your ticket here for online attendance!

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How economists invented austerity and paved the way to fascism

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